On the parameters of the auctions for the provision of 3-month loans secured by non-marketable assets at a floating interest rate for 2015
The Bank of Russia set the following parameters of the auctions for the provision of
Auction, settlement, maturity dates are presented in the Bank of Russia operations schedule.
Auction type: Dutch auction.
Minimum interest rate: the Bank of Russia key rate effective on the date of the credit auction increased by 0.25 percentage points.
Minimum bid: 25 million roubles.
Maximum number of bids from a credit institution: 3 for every correspondent (credited) account with the Bank of Russia.
Only competitive bids are accepted.
Auction timing:
Tender offer | till 12.00 local time |
Auction time | till 17.00 Moscow time |
The auctions are conducted according to Regulation No.
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